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MRVL

NVDA

Marvell Technology, Inc. (NASDAQ:MRVL) shares dropped as the semiconductor sector pulled back after gains in sympathy with NVIDIA Corporation (NASDAQ:NVDA), which reported strong earnings and upbeat guidance. NVIDIA beat analyst consensus estimates with quarterly earnings of $2.70 per share and sales of $13.51 billion. Marvell is set to report second-quarter earnings after the market close Thursday, with expected earnings of 32 cents per share and revenue of $1.33 billion.

Portfolio Pulse from Ryan Gustafson

August 24, 2023 | 7:05 pm

GHRS

GH Research PLC (NASDAQ:GHRS) reported its Q2 2023 financial results, revealing a cash and cash equivalents of $96.9 million, down from $166 million in Dec 2022. However, the company's total liquidity, including other financial assets and marketable securities, stands at $238.1 million, which it believes will cover operating expenses and capital expenditure requirements until 2026. The company reported a quarterly net loss of $7.7 million, compared to a net profit of $334,000 in the same quarter in 2022. GH Research is developing novel 5-MeO-DMT therapies for Treatment-Resistant Depression (TRD) and is currently conducting several clinical trials.

Portfolio Pulse from Lara Goldstein

August 24, 2023 | 7:03 pm

LDOUSD

Cryptocurrency Lido DAO (CRYPTO: LDO) has seen a decrease of 3.76% in its price over the past 24 hours, continuing a downward trend over the past week of -2.0%. The trading volume for the coin has fallen 20.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.02%. The current market cap ranking for LDO is #35 at $1.44 billion.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 7:00 pm

XOM

Exxon Mobil's (NYSE:XOM) short percent of float has risen 18.31% since its last report, with 33.53 million shares sold short, which is 0.84% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Exxon Mobil's peer group average for short interest as a percentage of float is 1.59%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 7:00 pm

APD

Air Products & Chemicals's (NYSE:APD) short percent of float has fallen 7.37% since its last report, with 1.96 million shares sold short, which is 0.88% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, APD has less short interest.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 7:00 pm

LHX

L3Harris Technologies's (NYSE:LHX) short percent of float has risen 12.09% since its last report, with 1.93 million shares sold short, which is 1.02% of all regular shares available for trading. It would take traders 1.42 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. L3Harris Technologies's peer group average for short interest as a percentage of float is 3.03%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 7:00 pm

INSP

Analysts have provided bullish ratings for Inspire Medical Systems (NYSE:INSP) within the last quarter. The average price target of $346.17 implies an upside from the current price of $216.845. This average has increased by 5.89% from the previous average price target of $326.90.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 7:00 pm

FILUSD

In the past 24 hours, the price of Filecoin (CRYPTO: FIL) has dropped by 4.19% to $3.31, continuing its negative trend over the past week with a total loss of 11.0%. The trading volume for the coin has decreased by 10.0% over the past week, while the circulating supply has increased by 0.28% to 443.17 million, which is 22.59% of its max supply of 1.96 billion. Filecoin's current market cap ranking is #33 at $1.46 billion.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 7:00 pm

TSLA

Tesla Inc (NASDAQ:TSLA) and CEO Elon Musk are expected to pay out approximately $41.5 million to 3,350 eligible claimants who lost money after Musk's 2018 tweet about taking the company private. The payout is part of a settlement with the U.S. Securities and Exchange Commission (SEC) over a lawsuit accusing Musk of defrauding investors. The SEC settlement also included $20 million in payments from both Musk and Tesla, and Musk stepping down as chairman of Tesla.

Portfolio Pulse from Adam Eckert

August 24, 2023 | 6:58 pm

AGEEF

CGC

A new report by IMARC Group projects a 20.12% CAGR growth for the medical cannabis market in Africa from 2023 to 2028. The growth is driven by legalization, increased awareness, a rising elderly population, and research initiatives. Key players in the market include AgriPharma Pty LTD., Bophelo Bioscience & Wellness (Pty) Ltd., Halo Labs Inc., and Canopy Growth Corporation.

Portfolio Pulse from Joana Scopel

August 24, 2023 | 6:57 pm